Nifty 50 IndexUpdated Nifty - Bearish Engulfing and Doji
Nifty has formed a Bearish Engulfing on 24-June-2020 and Doji on 26-June-2020. Which has indication that that there may be downside trend.
Option Strategy as per for this week.
Buy - 9900 PE - 23.00
Sell - 10000 PE - 33.75
Buy - 10600 CE - 36.40
Sell - 10500 CE - 63.40
Maximum Profit - 2831 on Expiry
Maximum Loss - 4669 on Expiry
Capital Req: Rs.43K (Appr)
Margin Req: Rs.38K(Appr)
Probability of Profit is 60.89%
Disclaimer: Kindly do your own analysis before executing the trade. Price may differ on actual Market Hours. Profit and Loss also may differ.
Option Strategy as per for this week.
Buy - 9900 PE - 23.00
Sell - 10000 PE - 33.75
Buy - 10600 CE - 36.40
Sell - 10500 CE - 63.40
Maximum Profit - 2831 on Expiry
Maximum Loss - 4669 on Expiry
Capital Req: Rs.43K (Appr)
Margin Req: Rs.38K(Appr)
Probability of Profit is 60.89%
Disclaimer: Kindly do your own analysis before executing the trade. Price may differ on actual Market Hours. Profit and Loss also may differ.
Trade closed: target reached
Profit earned- Rs.1687.50
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.